Broker Tips
Purplebricks takes a hit as UBS highlights slowdown
Purplebricks was under the cosh on Thursday as UBS pointed out that growth is slowing at the online estate agent, while competitor Yopa is making progress.
Broker tips: Hammerson, Tesco, Imperial Brands
Goldman Sachs and Credit Suisse have passed judgement on Hammerson and its proposed takeover of Intu – but with diverging views of the shopping centre operator’s prospects.
Thursday broker round-up
Antofagasta plc: Canaccord upgrades to buy with a target price of 1,090p.
Goldman and Credit Suisse at odds on Hammerson's prospects
Goldman Sachs and Credit Suisse have passed judgment on Hammerson and its proposed takeover of Intu – but with diverging views of the shopping centre operator’s prospects.
Goldman downgrades Imperial Brands as outlook gets more cloudy
Goldman Sachs downgraded Imperial Brands to 'neutral' from 'buy' and cut its 12-month price target to 2,760p from 3,610p as it removed the stock from its Pan-Europe 'conviction list' as its thesis - based on a return to organic revenue growth - has failed to materialise.
Tesco is a 'visible turnaround', JP Morgan analysts say
Tesco is a visible turnaround story and the retailer will increasingly be viewed as a capital return stock, JP Morgan analysts said as they rated the shares ‘overweight’.